Our new report on the rising racial wage gaps in the US: lnkd.in/g2Rp5AJ #workforce #racialequity #diversity #labormarket

One reason I'm skeptical about the claim of widespread automation during the pandemic: The number of office and administrative workers (THE major target of automation since 2010), is back to pre-pandemic levels. In the past two recessions their number dropped and did NOT recover.

May's inflation report is out this morning. It feels like we are in the 70's again. Is disco also making a comeback? #inflation #economy

Who is further behind in the unemployment recovery? #labormarket #unemployment #gendergap #racialequity

From our survey of HR executives. The question is: In general, how willing is your US operation to hire full-time employees who work predominantly virtually/remotely? The growing willingness to hire remote is driving a major geographical shift in the US. #Recruiting #remotejobs

Wages in leisure and hospitality continue to accelerate. The rapid reopening and supply constraints are creating major recruiting difficulties. #labormarket #laborshortage #recruitment #wages #JobsReport

From our HR executives survey. The question is: Since the COVID-19 outbreak, how has the productivity of your US employees changed, on average? Results are from the three surveys we did over the past year: (April 2020, September 2020, and April 2021). #productivity #WorkFromHome

My post in praise of @jasonfurman linkedin.com/posts/gad-levan…

From our recent survey of HR executives. The question is: What percent of your US full-time employees are working primarily virtually/remotely (at least three days a week)? #remotework #WorkFromHome #futureofwork

We just released a new report with very interesting results: The Reimagined Workplace a Year Later: Human Capital Responses to the COVID-19 Pandemic. lnkd.in/gqyfhJm #remotework #wellbeing #productivity #hiring #jobs #labormarket #laborshortage

My new report just published: "Labor shortages are making a comeback": lnkd.in/gUwgaXT #laborshortage #jobs #Recruiting #WageGrowth

Our May Consumer Confidence Index is out. A dramatic increase in the gap between "jobs plentiful" and "jobs hard to get". One of the largest gaps ever! Another indication of the unusual tightness of the labor market despite still high unemployment rates. #laborshortage

Vacation destinations are still lagging, but are likely to catch up in the coming months as people go on vacations again. Enjoy your summer. #Jobs #Travel #vacation

An update on employment recovery by state. Still a large variation across states with the Northeast and Pacific regions lagging. #Employment #economy #Jobs

Some good news to end the week with. This quarter, CEO confidence reached the highest level recorded since the measure began in 1976. lnkd.in/g6xFVay Have a good weekend. #CEOmindset #economy

After a start of a recession, it takes about 4-7 years for unemployment to return to its natural rate. This time this is likely to be much shorter: it will probably happen during 2022, about two years after the beginning of the pandemic recession. #unemployment #LaborShortages

Working-age population (aged 15 to 64), annual percentage change. For the first time, probably in US history, working-age population is shrinking. When you look at this by education, you'll see that the entire decline is in the group without a BA.

Tomorrow 11 AM EST. Labor market outlook webcast. Labor shortages and a lot of other good stuff. conference-board.org/webcast…

According to an April survey by the @NFIB , 44 percent of firms say that they have job openings that they are unable to fill right now, the highest rate in the history of the survey. Below is a breakdown by industry.

Shown in the figure below is the percent of online tech job ads from 2019 to March 2021 that mention at least 1 of the top 50 fastest growing tech skills (e.g., TypeScript, DevOps). For more go to lnkd.in/gWU3wFS